AABP EP Awards 728x90

Economic Development

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SBA guarantees $6.8M Central Iowa loans in February

Before the coronavirus pandemic made its way to Iowa, the U.S. Small Business Administration in February backed $6,831,000 in five Central Iowa loans. 

Those five loans are expected to create 37 jobs and retain 60. …

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Rural Mainstreet Index takes largest monthly fall ever; majority of rural Midwest bankers anticipate recession

The Creighton University Rural Mainstreet Index  plummeted in March to its lowest level since October 2016, as six out of 10 rural bankers in the Midwest say they expect the coronavirus threat will produce a recession. 

According to …

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Pre-crisis Iowa Leading Indicators report shows index decline in January

The Iowa Leading Indicators Index for January — which does not account for more recent changes in economic activity due to the global pandemic — decreased 0.3% to 106.5 in January, from a revised 106.8 …

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State loosens unemployment guidelines for workers affected by COVID-19

Iowa Workforce Development, responding to an anticipated surge in unemployed Iowans because of temporary business closures due to the coronavirus, has loosened its guidelines for qualifying for unemployment benefits.

In addition, the state is waiving …

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Partnership updates events schedule, urges small business support

The Greater Des Moines Partnership released information late Friday afternoon on its response to the coronavirus emergency, including an updated list of events that will be either moved online, postponed or canceled. Among the largest …

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NFIB survey: Majority of small businesses not yet affected by outbreak

A majority of U.S. small businesses say they are not currently affected by the coronavirus outbreak, according to survey results released today by the National Federation of Independent Business. Based on a random survey of its membership …

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‘Individual’ claims for state Research Activities Credits up 50% in 2019

The state of Iowa issued $78.4 million in tax credits to businesses in 2019 through the Research Activities Credit, according to an Iowa Department of Revenue report released Thursday. The annual report, which is the 10th full-year …

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Harrington to succeed Chambers in leading West Des Moines Chamber

The West Des Moines Chamber board of directors has named Katherine Harrington as its new president and chief executive officer. Harrington, currently director of innovation at Business Publications Corp. in Des Moines, will succeed Carole …

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Competitive grants available for rural Iowa projects

Two competitive grants are available to Iowa communities with less than 20,000 residents, the Iowa Economic Development Authority recently announced. The Rural Innovation Grant Program, which has up to $300,000 available, can be used to …

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Supply disruption worries reflected in quarterly Iowa Business Survey

Iowa manufacturers are concerned about supply disruptions due to coronavirus, according to the results of the latest ABI Quarterly Iowa Business Survey released Tuesday. “Uncertainty is never good for business, and members are concerned about the unknown,” …